Daily Archives: August 17, 2015

Tbilisi hosts Red Bull BC One Eastern Europe Final 2015. the Top 16 B-Boys and B-Girl of the region to battle for the crown at Final on September 5. The event will be held at Tbilisi Circus, one of the most iconic buildings in the city on a hilltop overlooking Heroes’ …

Georgian wine company Teliani Valley plans to build a beer factory. The company aims to raise the required finances by raising its charter capital. Specifically, the company is planning to issue extra stocks worth 160 million, the total value of which will constitute 1,6 million GEL. The shareholders of the …

A government commission of Georgia is selecting a company for construction of a new major port in Anaklia on the coast of the Black Sea, the Transport Policy Department of Georgia’s Economy Ministry said Aug. 12 in an exclusive interview with Trend. The department said the winner of a competition …

Georgia’s PM Irakli Garibashvili will visit China on September 8-13 to participate in the World Economic Forum’s annual forum, also known as the ‘Summer Davos’, in the northeastern port city of Dalian. Georgian PM’s office said that Garibashvili will meet Chinese Premier Li Keqiang, as well as representatives of business …

Foreign direct investment in 2014 increased 86.6% year-on-year to USD 1.75 billion, the biggest inflow since 2007, according to final figures released by the state statistics office, Geostat, on Monday. The final data have been revised significantly upwards from Geostat’s preliminary 2014 FDI figures, released in March, which stood at …

Archeologists have discovered 43 medieval qvevris at Khikhani Castle in western Georgia. The qvevri is a large, clay Amphora-like vessel, traditionally buried in the ground up to its neck, in which wine is fermented and stored in regions of Georgia and especially in Kakheti, East Georgia. The artefacts were uncovered …

Tehran Cultural Heritage, Handicrafts and Tourism Department will hold two handicraft fairs in October 2015 and March 2016. The department’s director general Rajabali Khosrowabadi announced that Tehran Spinning House and a workshop for glass blowing will be established by mid-March, Tehran-based English newspaper, Iran Daily reported, “We have held talks …

Japan’s economy shrank in the second quarter of the year, marking a setback for the government’s reform policy. Between April and June, economic growth contracted by 0.4% compared with the first three months of the year. Lagging exports and sluggish consumer spending were the biggest contributors to the drop in …

LinkedIn data show technology workers are leaving India Talent is flowing away from countries such as India and France and toward nations including the United Arab Emirates and Switzerland, a new analysis of LinkedIn member data shows. About 0.23 percent of India’s LinkedIn membership moved away last year on net, data from …

Adjaristsqali Georgia is developing the Shuakhevi HPP in the highlands of Adjara. One of the company’s priorities is promoting regional development. To accomplish this aim, AGL has chosen three directions for its social responsibility efforts: education and awareness raising, community empowerment, and infrastructure projects. Choosing these directions was done based …

Amazon delivery drones are still “years” away, but CEO Jeff Bezos said to Telegraph, that someday they will be “as common as seeing a mail truck.” Bezos told the Telegraph in London that the biggest hurdle Prime Air has to clear isn’t related to technology, but regulators. He said U.K. regulators …

Armenians prefer to vacation in Georgia. According to Georgia’s Ministry of Internal Affairs data, 181,000 citizens of Armenia visited Georgia in July. This figure is by 11,9% more compared to the same period of last year. Azerbaijan occupies the second place, with 160,200 having visited Georgia, 7,9% more compared to …